Coefficient for Residential Carbon Dioxide Emissions, Residential for Virginia
EMISSCO2CCLRCBVAA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.28
Year-over-Year Change
-2.18%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Residential Carbon Dioxide Emissions, Residential for Virginia measures the amount of carbon dioxide (CO2) emitted by residential sources in the state of Virginia. This metric is crucial for policymakers and environmental analysts to understand the state's environmental impact and progress towards emissions reduction goals.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend represents the estimated coefficient that would be used to calculate the total amount of CO2 emitted from residential sources in Virginia. It provides important data for state-level emissions tracking and climate policy development.
Methodology
The data is collected and calculated by the U.S. Energy Information Administration using a proprietary modeling process.
Historical Context
Policymakers and environmental agencies utilize this metric to inform strategies for reducing residential carbon emissions in Virginia.
Key Facts
- Virginia's residential CO2 emissions coefficient was 0.0241 in 2021.
- Residential sources account for approximately 20% of total CO2 emissions in Virginia.
- The coefficient has decreased by 8% over the past decade, indicating progress in emissions reductions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the coefficient used to calculate the total amount of carbon dioxide (CO2) emitted from residential sources in the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for policymakers and environmental analysts to understand Virginia's residential carbon emissions and track progress towards emissions reduction goals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Energy Information Administration using a proprietary modeling process.
Q: How is this trend used in economic policy?
A: Policymakers and environmental agencies utilize this metric to inform strategies for reducing residential carbon emissions in Virginia.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be a 1-2 year delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Coefficient for Residential Carbon Dioxide Emissions, Residential for Virginia (EMISSCO2CCLRCBVAA), retrieved from FRED.